Swiss Re Ltd. (OTCMKTS:SSREY – Get Free Report) saw strong trading volume on Thursday. 106,152 shares traded hands during mid-day trading, an increase of 105% from the previous session’s volume of 51,879 shares. The stock last traded at $45.31 and had previously closed at $44.22.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group cut Swiss Re from a “hold” rating to a “moderate sell” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, Swiss Re has a consensus rating of “Reduce”.
Get Our Latest Stock Analysis on SSREY
Swiss Re Trading Up 0.4%
The firm’s fifty day moving average price is $43.05 and its two-hundred day moving average price is $41.16.
Swiss Re Company Profile
Swiss Re Ltd. is a global provider of reinsurance, insurance and risk-management services. Through its reinsurance operations, the company helps insurance carriers manage and transfer risks arising from natural catastrophes, property damage, casualty events, accidents, mortality, longevity and other exposures.
Swiss Re’s principal business areas include Property & Casualty Reinsurance, which covers risks related to property, liability and specialty lines, and Life & Health Reinsurance, which supports insurers with mortality, longevity, health and related products.
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